American Eagle Outfitters: I Do Not Have A Positive View On The Fundamentals (NYSE:AEO)
Following my coverage on American Eagle Outfitters, Inc. (NYSE: AEO ), which I downgraded to a sell rating as I saw significant pressure both internally and externally that impacts the recovery potential, this postI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn ...